In the absence of a generalized appreciation of all Asian currencies and unchanged American policies, possibly only a deep recession could reduce the overall US current account deficit.

Brazil s Oil Rush

The net result was overheating asset price booms and inflation across the emerging world.

At best you can grab a mere crumb of this frenetic global kaleidoscope.

To fight accelerating price growth, the authorities adopted measures at the end of 2010 to cool overheating domestic demand, first through credit restrictions and higher reserve requirements for banks so called macroprudential measures and later through the resumption of interest rate hikes.

Indeed, despite perpetual talk of an overheating economy, China s exports and retail sales are soaring, and its foreign exchange reserves now approach 2.5 trillion, even as America s fiscal and trade deficits remain alarming.

Culture is a necessary pause from the daily rat race, from our chaotic and often vulgar political surroundings, and it is a chance to recover our spiritual energy.

Today s feverish hand wringing reflects a confluence of worries especially concerns about inflation, excess investment, soaring wages, and bad bank loans.

Fundamentals based investing is giving way to a frantic search for relative bargains in an increasingly overpriced financial world.

Despite countless United Nations resolutions and repeated calls by the international community, the occupying Power has embarked on a crusade of relentless colonization in East Jerusalem.

The debate over how to value the yuan is at the heart of the two year struggle by the country s policymakers to slow down China s overheating economy.

And the fevered political climate created by US mid term elections means that the world s most important bilateral relationship is headed for real turbulence this year.

Meso economics studies the institutional aspects of the economy that are not captured by micro or macroeconomics.

In fact, by shifting its frenzied dam building from internal rivers to international rivers, China is now locked in water disputes with almost all co riparian states.

Blame the Economists, Not Economics

China s mad rush toward fuqiang (wealth and power) has given it little chance to develop all the compensatory institutions that any truly developed, not to say enlightened, society needs to achieve equilibrium and social health.

In flagrant disrespect for the Court's ruling and in direct violation of General Assembly resolution ES 10 15 of 20 July 2004, Israel has continued to confiscate Palestinian land and to inflict more damage as it has fervently continued its construction of the Wall.

For example, China needs a stronger exchange rate to help curb manic investment in its export sector, and thereby reduce the odds of a 1990 s style collapse. As for the US, a sharp hike in energy taxes on gasoline and other fossil fuels would not only help improve the government s balance sheet, but it would also be a way to start addressing global warming.

The fault lies not with economics, but with economists.

Machiavellian Economics

The Global Economy on the Fly

The Economy and the Presidency

The Environment of the Economy

The economy is booming.

The Canadian economy

Like medicine, economics has become highly compartmentalized macroeconomists typically do not pay attention to what financial economists or real estate economists study, and vice versa.

But leadership of the next new economy the low carbon economy is open.

The grey economy is estimated to be at least one third the size of the official economy.

The EoC project stems from a spiritual humus that gives the EoC its identity and meaning.

The Next Chinese Economy

Economics and Its Critics

Economists vs. Economics

Microeconomics for All

Beggaring the World Economy

Economists and Democracy

Financing the Green Economy

The Tyranny of Political Economy

The economy has slowed.

Putinomics

Reinventing Economics

Is Economics a Science?

The Future Global Economy

The Stimulus Ostriches

The Treason of the Economists

Economy Watch wrote